WS #15571

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Malaysia's government has outlined its 2027 budget, projecting revenue growth of 4.7% to 380.8 billion Ringgit while revising 2027 gross export growth estimates sharply downward to 3% from 31% in 2026. The Prime Minister emphasized that the revised 2026 fiscal deficit target remains consistent with long-term consolidation goals. This signals a cautious outlook for Southeast Asian trade and consumption, potentially impacting regional logistics and consumer discretionary sectors.

Macroeconomic & Fiscal Policy

Malaysia's government has outlined its 2027 budget, projecting revenue growth of 4.7% to 380.8 billion Ringgit while revising 2027 gross export growth estimates sharply downward to 3% from 31% in 2026. The Prime Minister emphasized that the revised 2026 fiscal deficit target remains consistent with long-term consolidation goals. This signals a cautious outlook for Southeast Asian trade and consumption, potentially impacting regional logistics and consumer discretionary sectors.

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